(MYE) Myers Industries complete technical analysis [charts+indicators] | Buy/Sell Myers Industries | (MYE) share price targets
Complete technical analysis of Myers Industries (MYE) by charts plus indicators, forecast predictions and share price targets for Myers Industries (MYE)
Myers Industries trades in USA in Consumer Non Durables sector.
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Myers Industries is 244960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 15.80 | 15.30 | 15.86 | 15.20 | 1.366 times |
| 30 Thu May 2024 | 15.28 | 15.35 | 15.53 | 15.25 | 0.502 times |
| 29 Wed May 2024 | 15.34 | 15.27 | 15.44 | 15.23 | 0.785 times |
| 28 Tue May 2024 | 15.40 | 15.51 | 15.65 | 15.30 | 0.827 times |
| 24 Fri May 2024 | 15.35 | 15.48 | 15.65 | 15.29 | 0.645 times |
| 23 Thu May 2024 | 15.42 | 15.60 | 15.69 | 15.27 | 1.027 times |
| 22 Wed May 2024 | 15.46 | 15.74 | 15.79 | 15.40 | 1.082 times |
| 21 Tue May 2024 | 15.74 | 16.04 | 16.05 | 15.70 | 0.985 times |
| 20 Mon May 2024 | 16.01 | 16.39 | 16.40 | 16.00 | 0.885 times |
| 17 Fri May 2024 | 16.42 | 17.02 | 17.02 | 16.39 | 1.689 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 14.8 as stoploss in an intra day buy trade for a target of 16.92. However, stock will show a bearish move below 14.8.
Share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Target | 15.20 |
| Upside Target | 15.86 |
| Upside Target | 16.40 |
| Upside Target | 16.94 |
| Upside Target | 18.03 |
| Upside Target | 18.87 |
| Upside Target | 19.81 |
| Upside Target | 20.88 |
| Upside Target | 21.90 |
| Upside Target | 22.85 |
| Upside Target | 23.05 |
| Upside Target | 23.22 |
| Upside Target | 23.63 |
Intraday share price targets for Myers Industries (MYE)
| Target Type | Value |
| Downside Intraday Target | 15.38 |
| Downside Intraday Target | 14.96 |
| Upside Intraday Target | 16.04 |
| Upside Intraday Target | 16.28 |
| Downside Intraday Target | 15.62 |
Weekly technical analysis of Myers Industries (MYE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 15.80 | 15.51 | 15.86 | 15.20 | 0.753 times |
| 24 Fri May 2024 | 15.35 | 16.39 | 16.40 | 15.27 | 0.62 times |
| 17 Fri May 2024 | 16.42 | 17.10 | 17.14 | 15.99 | 0.775 times |
| 10 Fri May 2024 | 17.04 | 22.92 | 23.05 | 16.94 | 2.6 times |
| 03 Fri May 2024 | 22.82 | 22.05 | 22.85 | 21.90 | 1.078 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Myers Industries (MYE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 15.80 | 22.00 | 23.05 | 15.20 | 1.67 times |
| 30 Tue Apr 2024 | 21.90 | 23.22 | 23.22 | 20.88 | 0.408 times |
| 28 Thu Mar 2024 | 23.17 | 19.31 | 23.63 | 18.87 | 3.6 times |
| 29 Thu Feb 2024 | 19.23 | 18.82 | 19.81 | 18.26 | 0.577 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Myers Industries (MYE)
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Myers Industries ( (MYE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Myers Industries ( (MYE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Myers Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Myers Industries in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Myers Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Myers Industries in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Myers Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.72 and Myers Industries (MYE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Myers Industries (MYE) stock. Volume based technical analysis of Myers Industries (MYE) stock is negative.
Myers Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Myers Industries ( (MYE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Myers Industries ( (MYE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Myers Industries ( (MYE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Myers Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Myers Industries in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Myers Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Myers Industries in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Myers Industries is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.72 and Myers Industries (MYE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Myers Industries (MYE) stock. Volume based technical analysis of Myers Industries (MYE) stock is negative.
Myers Industries Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.